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Search Results 0 to 49 of about 107 (some duplicates have been removed)
CNBC
Dec 5, 2012 3:00pm EST
of a compromise on the fiscal cliff stalemate in washington. eamon javers standing by in a moment with information on a bipartisan letter from lawmakers that's. putting tax hikes and entitlement cuts firmly on the table. >> i'm bill griffeth. let's show you, and the charts tell the day's story, as it usually does. can you get when the president began speaking at business round table and we learned that at least 40 house republicans are breaking ranks to talk about anything, all possibilities as they said in an open letter. right now the dow is up 110, near the highs of the day. 13,062.59. the nasdaq is going the other direction. blame apple and overall technology having a tough day. down 13 points right now on the nasdaq at 2982. the s&p is holding with a gain of about five points. we'll have more on the markets in a moment. first, let's get to what's going on in washington. more republicans breaking ranks to join what we hope will be a bipartisan call for higher tax rates and entitlement cuts. eamon javers on capitol hill has the very latest details for us. eamon. >> reporter: hi, bill. that lett
CSPAN
Dec 7, 2012 7:00am EST
it be ok if doing so sent us over the fiscal cliff? give us a call this morning. you can also catch up with us on all of your favorite social media websites. a very good morning to you. i want to begin with the question of compromise or sticking to principle. this is a question a gallup organization asked in a recent poll. it found 62% of americans would like to see the federal government leaders compromise on an agreement to avoid the fiscal cliff budget measures set to go into effect next month. more than twice the 25% who want leaders to stick to their principles. a majority of all party groups favor compromise. here is the breakdown from the gallup organization. 71% of democrats say they want a compromise bursa's 21% who say the party should stick to their principles. among republicans 55% one compromise. 35% say stick to your principles. the gallup poll also found americans are more optimistic and pessimistic that an agreement will be reached before the deadline. 58% say it is a very or somewhat likely leaders will find a solution. 39% say it is not likely. democrats are much more
FOX Business
Dec 3, 2012 1:00pm EST
to go, anywhere closer to a deal of the fiscal cliff? if you listen to lawmakers, the answer is no, but cumberland advisers thinks a compromise is brewing. >> hundreds of thousands of cars destroyed by hurricane sandy, but as drivers rush to replace them, you may be forced to pay a higher price. >> huh. a car salesmen or congressmen? who do americans trust the least? the new numbers and lou dobbs taking up that up. >> how apple is expanding its empire into the crib. >> my goodness. there's little siri there and little macbook. goinged to floor of the new york stock exchange, and, lauren, economic data, down just a little bit in the red today, down 22 points 37 >> yeah, it is the first trading day of the new month. december, a strong month historically for the stocks, but there's a push and pull going on between market forces and the economic data, and we're in the red across the board, relatively flat this monday morning. the data, u.s. manufacturing activity last month lowest level since the summer of 2009, but then we got a construction spending report that was good. in october,
FOX Business
Dec 6, 2012 1:00pm EST
, getting his gangnam on. our very own neil cavuto bringing his fiscal cliff news straight ahead. you're looking at gold, lots of it jumping into gold and silver% as a safe haven. actual bars of gold. help investors get in on the action. melissa: we have been talking about it on fox business, the next great government bailout. going to save the federal housing administration. time for stocks as with every 15 minutes, let's had before the new york stock exchange, nicole petallides standing by. down 13. nicole: this is one of those markets with a lot of anticipation. every focuses on the fiscal cliff. tomorrow is the all-important jobs report for a lot of folks have been hearing more economic news which has been more dismal lately. talk about more layoffs they have seen in november. right now the market is not too far off the unchanged line. the acidity holding 1400. the tech of the nasdaq still below 3000. today apple is now moving into the green and that is one of the reasons why it is holding on to a quarter percent gain. apple $700, 705 in september traded as low as 518 today. certa
CNN
Dec 2, 2012 3:00pm PST
to get you up to speed on the day's headlines here on cnn. fiscal cliff talks are turning into a high-stakes game of chicken. secretary tim geithner said there's no deal unless republicans agree to raise taxes on the wealthy. >> if they are going to force higher rates on virtually all americans because they are unwilling to let tax rates go up on 2% of americans, then that's the choice we'll have to make. >> republicans are furious. they don't like democrats drawing a red line in the sand. >> i think we are going over the cliff. it is pretty clear to me they made a political calculation. >> president barack obama and gop leaders held one face to face meeting on the fiscal cliff since the election. that meeting took place more than two weeks ago. >>> the kansas city chiefs suited up and took the field today against carolina. that's despite the shock and horror of yesterday's suicide of linebacker jevon belcher. stay right there with full details in a full report on cnn in just a minute. >>> high winds and heavy rain are pummeling the northwest. the rainfall will continue throughout the
MSNBC
Dec 2, 2012 9:00am PST
stories trending. kansas city tragedy. the new push for israel settlement plans. fiscal cliff blame. nasa's decision on doomsday 2012. . and kim kardashian sparks a proprotest. >>> we have new chilling details in the tragedy that stuns kansas city. they are prepping for gameday just 20 24 hours after a suicide. tom chong is live where this tragic story ended. tom, good day to you. there what's it like there? >> reporter: it is subdued. we stopped at the tailgating activities. there is tailgating going on but the mood is heavy. just 24 hours ago when belcher pulled out a gun is and shot himself. that event left this team in shock. shots rang out at this home, the victim 22-year-old cassandra perkins. >> when we arrived a lady came out and said her daughter had been shot by -- she died a short time later. belcher shot perkins following an argument. the two were parents of a 3-month-old baby. just 10 minutes after the murder, belcher was next to the stadium with a gun talking to his coach and general manager. he thanked them for what they did for him. then pulled the trigger. >> as off
CNBC
Dec 4, 2012 6:00am EST
of kabuke theater. >> everyone got disgusted. nobody needs that image. >> the fiscal cliff will certainly be one of the main topics of discussion when president obama meets with some of the nation's governors today. actually i think they're meeting with vice president biden. then governors will be meeting with some of the congressional leadership, as well. but you guys are watching this, we know this is drama and theater. do you think a deal gets struck at the end of the day? >> i do. i have to say, i still think we'll get a last minute deal. i just cannot imagine that congress will allow to us go over the cliff. so i think the ramifications for the economy are too significant. i think we're watching whatever you want to call it, all of the politics playing out, but i still think in the end we'll get a last minute deal. >> i agree. and i think even though the sides are far apart, you have things on the table now. so you can say you're here at 800, 1.6, you kind of -- it gets you somewhere close. somebody will try to say 1.3 versus 1.1, but if you see publicly what they're stating and hope
CNN
Dec 4, 2012 1:00pm PST
left to make a deal before the country hits what's called the fiscal cliff. that's a combination of across the board tax increases for everyone, coupled with cuts in spending like defense, education, health care, and housing assistance. let's go live to our chief white house correspondent jessica yellin with the very latest. jessica? >> reporter: president obama has now personally turned down speaker boehner's opening offer to avert the fiscal cliff. he did it in a tv interview. what does president obama think of speaker boehner's proposal to avert the fiscal cliff? >> unfortunately, the speaker's proposal right now is still out of balance. he talks about $800 billion worth of revenues but says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> reporter: he won't agree to eliminate a tax deduction for contributions to charity. >> every hospital and university and nonfor profit agency across the country would find themselves on the verge of collapse. so that's not a realistic option. >> reporter: but the president didn't say all this to speaker
CNN
Dec 4, 2012 2:00am PST
from plunging over the fiscal cliff. >>> three storms in one week. the west coast is getting hammered by rain. a live report minutes away for you. good morning. welcome to "early start" this tuesday morning. i'm christine romans. >> i'm zoraida sambolin. it's 5:00 a.m. in the east. >>> we begin with breaking news. iran claiming it has captured a u.s. drone. this is video from state television in tehran it shows two revolutionary guard commanders examining what appears to be an intact scan eagle drone. we don't know if it's the one they claim they captured. moments ago a u.s. defense official told barbara starr the u.s. navy has fully accounted for all unmanned vehicles operating in the middle east region. we have the latest developments now from cairo. a u.s. source says that if the iranians do have something, it is not an actively operating u.s. navy drone. what would that mean? could this actually be a fake? >> it could be. it's not clear right now, but iranian officials have a different story. we don't know when or how this u.s. drone was allegedly captured, but you can be sure ira
CNN
Dec 7, 2012 2:00am PST
going on holiday and 25 days from plunging off the edge of the fiscal cliff. >>> the "new york post" photographer who took the picture of the man in the subway tracks before he was hit sits down to tell his side of the story. we'll hear from him this hour on cnn. good morning, welcome to "early start." i'm christine romans. >> and i'm zoraida sambolin. it is 5:00 a.m. in the east. breaking new's massive earthquake in japan. it happened off the coast of japan, about 300 miles northeast of tokyo you can see on the tower cam that we are going to buildings swayed for several minutes there. let's go to alex zolbert live in tokyo what can you tell us? >> this happened friday evening b an hour and a half ago. an unnerving scene. a 7.3 magnitude earthquake. as we understand it, this came along the same fault line that triggered that massive tsunami in march of 2011. we have been watching all the local stations, trying to gather all the information we can. here's what we know at this point in terms of a tsunami. we have seen several small waves come in, about four waves. the biggest one bein
FOX News
Dec 8, 2012 3:00am PST
in sight for the fiscal cliff hanger. >> when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another wee>> why speaker says the president's my way or the highway approach is getting us nowhere. >> the feds are borrowing nearly a billion dollars a day. so why is the white house saying reducing our debt not really the goal? >> thank you, eric, it's the most watched video on the internet of all time. he is set to perform for the president. gangnam style said about our soldiers a few years ago. that controversy kicking up this morning. "fox & friends" hour one begins right now. >> get out the coffee. wake up, everyone, thank you so much for waking up with tus, it is "fox & friends" on this saturday morning. dave bowling in for dave briggs. >> come in and do the show with us today. more filling in today than the regulars. we are glad to be on with you clayton. >> you are on an interesting morning because congress now just 23 days left, 23 days until we head off that flif. fiscal cliff. if you listened to speaker boehner yesterday he is reading reports th
CNN
Dec 6, 2012 5:00am EST
for a break because i think that video is just what washington needs to crack the whole fiscal cliff thing wide-open. all i'm saying is i think it has the power to bring people together simpson style. that's it for us. thanks for watching. "early start" begins now. >>> new this morning, tanks and personnel carriers stationed outside the presidential palace in egypt, clashes turning deadly overnight. rage at the new leader fears he may become the old leader. we're live from outside the palace in 30 seconds. >>> plus new reports that syria is putting chemical components in bombs. the details, straight ahead. >>> as of this morning for the first time in the history of our country, it is now legal to smoke pot for recreational purposes in a state and we are there for the pot party. good morning, welcome to "early start." i'm christine romans in for john berman this thursday morning. >> i bet you never thought you'd say that, live at a pot party. >>> good morning to you, i'm zoraida sambolin, 5:00 a.m. in the east here. >>> tension has quickly turned to deadly violence in egypt. this morning, t
CNN
Dec 5, 2012 2:00am PST
's no plan to keep us from going over the fiscal cliff. broken record, broken record. i'm christine romans in today for john berman. >> and i'm zoraida sambolin. >>> up first, president obama standing his ground over the fight in the fiscal cliff. americans face crushing tax hikes and severe spending cuts in 27 days if democrats and republicans cannot come together on a deal. by the way, congress breaks for the holidays in ten days. slash that number. in an interview with bloomberg news, the president made it crystal clear he's not about to blink on the issue of tax hikes for the wealthiest americans. >> we'll have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> white house correspondent dan lothian joins us live from washington this morning. very nice to see you, dan. >> good to see you. >> here's the deal. we have republicans pitted against democrats. now we understand there are issues amongst republicans as well. >> that's right. they're in a tough spot here. they don't want to be in left in a position of being blamed for the fiscal clif
CNBC
Dec 5, 2012 1:00pm EST
be apple. >>> to washington now. the soap opera we call the fiscal cliff. before we get to our chief washington john harwood and the president is meeting with another grouch ceos, i need to start with eamon javers on capitol hill where lawmakers are skipping down early for a long weekend. eamon, wasn't thanksgiving just a couple weeks ago? >> it was. let me check michael ichaey cal. you see rank and file members of congress leaving the capitol. they are done for the week. they're headed back loam to their hometown districts. a lot of folks focused on this negotiation right now but the reality is that the negotiations are taking place among just a very few, very high level people. i was talking to a few rank and file members yesterday who said they were frustrated there is not a whole lot for them to do, they are just sitting around here waiting for some break-through in these negotiations. they want something to do on the floor, in their offices and there is not much for them to sink their teeth into. now they're going into their district. leadership is going to stay here and continu
FOX Business
Dec 3, 2012 11:00am EST
the latest fiscal cliff shrugged off the concession on taxes. the administration is calling for a trillion and a half dollars in tax increases, and the other sticking point for republicans, much of it must be the results of tax rate increases, and that's a non-starter for republicans. >> flabbergastee. i looked, and i said, you can't be serious? i just never seen anything like it. we have seven weeks between election day and the end of the year, and three of those weeks have been wasted with this nonsense. >> okay. you heard for the first time in two decades now acknowledge revenues can go up as part of the balanced plan, a good first step, but they have to deal with rates and revenues. >> this talk has lawmakers and analysts skeptical. they could strike a deal to have hundreds of billions in tax increases set for january. still, both sides have been through the debate before. they know the options available to cobble a deal together. one aid says it's too early for either side to reach an agreement knowing they still have to show to their members they pushedded for every possible point to
CNBC
Dec 3, 2012 9:00am EST
this morning begins in washington where fiscal cliff negotiations according to the "times" has "collapsed." at least for now. with less than a month until the deadline, who blinks first if anyone? >> goldman takes dell from a strength to a buy. is it time to look at the stock and maybe even other players in the beat up personal computer sector? >> manufacturing data out of china. not bad. 50.6. that's the highest in seven months. although shanghai again trades lower even europe's pmi improves a touch in november. first up, we're one month away from the fiscal cliff and so far the white house and congressional republicans are still in disagreement over how to reduce the deficit and avoid a raft of tax hikes and spending cuts. yesterday our own jim cramer and maria bartiromo were on "meet the press" and cramer had a message for fellow panelists and father of the anti-tax pledge, grover norquist. >> most ceos are republican. they're on board. they're not on board with you. they're not on board with you because they fear your view. they think you do not favor going -- you favor going over the
FOX News
Dec 5, 2012 2:00am PST
agreement on one thing. they are nowhere near a deal to avoid the so-called fiscal cliff. peter doocy is life in washington with more. >> republicans have had their proposal to avoid the fiscal cliff complete with 800 billion of new revenue over a decade on the table for more than a day now. it has yet to be publicly embraced by the slightest bit by any prominent democrats. because of that gop lawmakers are saying that means the white house wants to go over the fiscal cliff to make it a point. >> howard dean said it patti murray who ran the senator ideal committee. i think the presidency is a political victory for his party as they go over the cliff. i know republicans are concerned there is going to be a secondary session. >> the white house proposal raises taxes 1.6 trillion over a decade. republicans close loopholes and get rid of deductions. they say the mast won't work. >>> it is still out of balance. it is 800 million worth of revenues. he said he is going to do that by lowering rates. when you look at the map it doesn't work. >> the house majority with kevin mccarthy said yeste
ABC
Dec 7, 2012 4:00am PST
seriously hampered last month's hiring. among them, concerns about the looming fiscal cliff. and other factors, as well. abc's tahman bradley has that story from washington. >> reporter: the fiscal cliff is still three weeks away. but the economy may have already taken a hit. economists predict the government's monthly jobs report, due out later this morning, will show that employers added fewer than 100,000 workers in november. superstorm sandy may be part of the reason job creation slowed. but worry over the fiscal cliff may have also had an immaterial pact. some economists believe that 200,000 fewer jobs thhave been created this year, due to uncertainty about the fiscal cliff. >> it's very important we get it done now. >> reporter: republicans and democrats are talking again. but still, no breakthrough. the parties are locked in a stalemate. president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling, the government's ability to borrow money, be part of the deal. >> he's assuming unprecedented power to spend taxpayer dollars out a
MSNBC
Dec 4, 2012 2:00am PST
, with only four weeks to go before we reach that fiscal cliff, republicans offer a proposal for a new deal. it had few specifics. the white house rejected it. tracie potts joins us from washington with the details. >> reporter: good morning, everyone. with a white house proposal and republican proposal on the table, you'd think we would have somewhere to begin negotiations. the white house says what republicans have offered isn't even a start. six governors, democrats, and republicans weigh in on the fiscal cliff today. what will they tell president obama about the spending cuts and tax increases now just 28 days away? >> we must reign in our out of control spending. >> reporter: republicans have an offer, $800 billion in new taxes, half what the president wanted. $600 billion saved in part by making americans wait until they're 67 to get medicare. plus more cuts totalling $2.2 trillion. but no tax hikes for the wealthy. >> that's just not going to happen. >> reporter: the pentagon could take the biggest hit from president obama told defense experts monday, don't worry. >> even as we make
Current
Dec 6, 2012 6:00am PST
giving you opinion about whether or not we're going off the fiscal cliff, blah, blah blah. and i said the democrats tend to be the responsible party in terms of wanting to govern and then bill says because they hate it, and i say right. why would you make some big operate well that you don't like. >> you are a couple of marksists. >> what did reagan say? the government is the problem. >> right. they don't like the government. >> and i don't suppose the government is anything anybody would ever want to strangle in the bathtub. >> stephanie: no. all right. let's dive in to right-wing world. [♪ circus music ♪] >> stephanie: all right. rush limbaugh. >> folks i'm a little worn-out fed up and very inpatient with these ongoing assaults on the people who work in this country. the current disaster is not teaching people a lesson, nothing will. we're not teaching people to be productive, and instead we're teaching them that there is nothing wrong with being slovenly. it is stupid, it's what they did in the soviet union. kill ambition. to hell with that. >> stephanie: wow,
FOX News
Dec 5, 2012 3:00am PST
on the fiscal cliff. hear the new proposal from congressman paul ryan and senator mark rubio. >> steve: will he work with the liberal media. president obama extends extra special invites for sit down with liberal gabbers. >> brian: he is one of america's favorite coach. his career almost ended early and fans had no idea. the coach revealed something for the very first time. by the way. "fox and friends" starts now. ♪ ♪ "fox and friends". >> steve: you must be conflicted today. >> brian: in what way? >> steve: we have coach k on and any time we have peitro, the super model who has been a friend of your manies, many years. >> brian: i am looking forward to nick rangon. >> gretchen: you will have to duke me out for it then. >> brian: you start with him in 10 minutes. >> gretchen: you want to trade coach for nick it will coach you. >> brian: and edrolins to be named later. >> gretchen: and i always like rolins. >> brian: pet up with us. she was a young super model. >> gretchen: does she know she was off your list. >> brian: not a world. can we agree as well that is our secret. >> steve: she doe
FOX
Dec 4, 2012 4:00am PST
the budget, why one group is not overly concerned about so- called fiscal cliff. plus, options for foreclosed homeowners. new hope even if you've been kicked out of the house. how airlines are hatching ways to sock you with fees. and, what tech stock is on the chopping block from one money manager's portfolio. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's tuesday, december 4th. i'm angela miles. in today's first look: as mixed messages come out of washington on the budget, stocks tumbled yessterday. oracle is among the latest corporations trying to beat the clock on next year's expected tax increase. oracle's board has approved accelerated dividend payments for the second, third and 4th quarters of next year. nhl owners and players plan to meet today in a renewed effort to move the puck on labor talks. let's see what's going on with the market today with matt shapiro, president of mws capital. good morning to you. > > good morning angie. > this is certainly one moody market. it seems to move on every word
CSPAN
Dec 6, 2012 12:00pm EST
with the fiscal cliff and dealing with our debt situation and not have a debt ceiling hanging out there as a diversionary but dangerous issue. but for some reason, inexplicable, the minority leader, the republican leader, changed his mind. now, he said on the floor well, important measures deserve 60 votes, but when he brought it up earlier, he acted as if he was in favor of it, he was offering it. and now, of course, essaying no, he's going to object to his own resolution. i wish he would reconsider. again, playing -- using the debt ceiling as leverage, using the debt ceiling as a threat, using the debt ceiling as a way to achieve a different agenda is dangerous. it's playing with fire. and yet, with the opportunity to take that off the table, reassure the markets, the minority leader blinked. i don't know why. it's hard to figure out the strategy that he's employing, but we would hope on this side of the aisle -- and i think i speak for all of us -- that he would reconsider and perhaps early next week let us vote on his own resolution. i yield the floor. mr. schumer: i notice th
CNBC
Dec 7, 2012 6:00am EST
on in town. in washington news, both parties hinting at renewed talks on the fiscal cliff. the acknowledgement of open lines of communication passed for encouraging news. a new survey finds more than 60% of leading investment professionals predict a shorp stock decline in the market if the government fails to come up with a deal. in this case defined as a more than 10% drop in the dow. 56% surveyed foresee a deal to avoid the cliff by year end, 44% predict failure in the ongoing negotiations. as for corporate america, through yesterday's close, there have been # 70 announcements of special dividends. these special difference deebds are valueded a more than $30.1 billion. among the latest names, mcgraw hill will pay a special dividends of $2.50 a share before year end. and drop its previously announced plan to buy back up to $200 million more of stock this year. >> everybody's paid their dividends this year, so they won't be paying them next year. >> this is a major issue. what's going to happen is -- we have two great economists onset. but that money will get annualized, s
NBC
Dec 9, 2012 5:00am EST
the murder suicide involving kansas city chiefs player. >> and no closer to a deal on the fiscal cliff as retailers are depending on heavy sales in the last weeks leading to christmas. >> a battle to the beltway. the ravens take on the redskins, 11 news sunday morning starts right now. >> you're watching wbal-tv 11. [captioning made possible by constellation energy group] >> good morning and welcome to 11 news sunday morning, i'm jennifer franciotti. >> and i'm kerry cavanaugh. first we are going to look outside with ava and i could barely see this morning. >> it is so foggy out there, especially in low-lying spots where you really have to watch this morning. i already saw a minor accident on the road on my way to work. just take it easy because there's light drizzle across the area and people don't expect the roads to be slick but it takes a little bit of rain to get the roads slippery. if you plan to travel, there will be dense areas of fog to worry about. temperatures hovering around 50 degrees, 49 at b.w.i. marshall. the dew point at 49, as well, so a relative humidity at 100%, spe
FOX News
Dec 2, 2012 3:00am PST
off the fiscal cliff and the congress is blaming for inaction. >> it's unacceptable to hold the middle tax cuts hostage simply because they refuse to let the tax rates go up on the wealthiest americans. >> the republicans call this a bait and switch. >> alisyn: we'll debate. >> dave: one massachusetts town rolling out the welcome mat to long islanders for christmas tree lighting after the they refused to budge on the holiday event. the p.c. please. >> should you tip your garbage collector or how about your child's teacher? we have tips for tipping or the barista at starbucks. >> dave: no! sorry, ladies and gentlemen. >> "fox & friends" begins right now. ♪ >> are you supposed to tip the teacher. >> dave: some are, some are not. >> you want to err on the side of tipping and is it too much. do you tip the garbage man or the postal employee. you leave a bunt cake outside. >> alisyn: yes, money. they want money. >> dave: we'll get into it later, but it's tough because it used to be you tip someone for extraordinary service. >> alisyn: right. >> dave: now you just tip someone please. >> a
CNN
Dec 3, 2012 11:00am PST
, a lot of news to get to on this monday. first, of course, talks over the fiscal cliff. they are going nowhere fast. democrats, they're basically telling republicans, hey, ball's in your court. we'll take you live to the white house for that. also, as the city grieves over an nfl player's tragic breaking point, new debates today about gun control and domestic violence. you'll hear both. but first, the u.s. has long believed syria has a huge stockpile of chemical weapons. now new concerns that chemical arsenal is on the move. secretary of state hillary clinton today issuing another stern warning against syria, using these weapons. the syrian foreign ministry quick to respond here saying it would not use chemical weapons against its people if it had any, but this announcement as turkey is sending warplanes to its border with syria after the syrian military bombed a nearby town of ras al-ain. you can hear that and see the smoke. this is the turkish side of the border. this is fueling more fears that more of syria's violence will spill into its neighbor to the north, being turkey. security
FOX News
Dec 3, 2012 2:00am PST
to art. congratulations to all. that is your 5@5:00. >>> with a few weeks until the year end fiscal cliff there is still no deal in sight. both sides are showing no signs of budging. kelly wright is live in washington with details for us. >>> less than month ago for tax hikes. they automatically place democrats and republicans are further apart on a the plan. tim geithner changed the plan last week. that plan calls for 1.6 trillion of higher taxes over the next decade $50 billion stimulus package and provide 600 billion in spending cuts. he is waiting for root pe kaub cans to respond to the plan for the president's proposal. >> we think that's a good set of proposals and good for the economy. if they have different suggestions they should slay it out to us. >> republican leaders should make the deeper cuts on medicare, medicaid and social security. as for raising taxes on the wealthy, republicans want a great higher revenue for closing loopholes and limiting deductions not a tax hike. they are not pleased with the president's proposal. >>> i was flabber fasted. i looked at them said you c
MSNBC
Dec 7, 2012 2:00am PST
.s., the president is taking his fiscal cliff solutions directly to the people. >>> plus, a modern-day spy story ripped from the pages of a tom clancy novel. good morning, everyone. i'm lynn berry and we start with breaking news out of japan. a strong 7.3-magnitude earthquake has struck off the country's northeastern coast. that's the same region hit by last year's massive earthquake and tsunami. well, this morning's quake shook buildings as far as tokyo, and there are reports of a three-foot tsunami in the miyagi prefecture. the u.s. geological survey says there's no risk of a widespread tsunami, and so far, there have been no news of injuries or damage. of course, we're going to keep an eye on any aftershocks that occur and we'll bring you the very latest. >>> well, elsewhere, all eyes are on cairo this morning as turmoil has once again overtaken egypt's capital. this time, it's in response to a politically explosive power grab by the democracy's president, mohamed morsi. right now, soldiers are setting up barricades as morsi's opponents plan a million man march in cairo's tahrir square later
FOX Business
Dec 3, 2012 9:20am EST
, we're weeks from january 1st the fiscal cliff deadline. at least we're not stuck on the road to moscow. take a look at video out of russia, thousands of drivers in sub zero temperatures, little food or help for days. it's a one mile long traffic jam. heavy snow in moscow caused a stand still and links with the second biggest city, no, in november, december in russia? who would have thought? the issue of gun control took center stage during the half time show of a football game last night. and listen to what bob costas said in response it a murder-suicide over a kansas city player. >> handguns do not enhance our safety. exacerbate our flaws and tempt us into arguments and embracing confrontation rather than avoiding it. and here is what i believe if jovan belcher didn't possess a gun, he and cassandra perkins would both be alive today. stuart: we want to know what you think. go to our facebook page, weigh in, we value your opinion. and a top environmentalist, will a carbon tax will cause the glaciers from melting and temperatures from rising. his response in one second. >> ann
FOX News
Dec 3, 2012 10:00am PST
's court." and while everyone is focused on the so-called fiscal cliff, we have reports that president obama has been working on a climate plan, and lou dobbs helps us look at how widely this likely this is and whether there are alternatives after the break. >> this is why more than anything else obama needs to be defeated and these people need t to be thrown out of office [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihistamine to relieve your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] can't find theraflu? try alka-seltzer plus for fast, liquid, cold, and flu relief. megyn: as washington fights over taxes and spending, it dominates the headlines and we are getting a report on the potential climate deal that could have an impact on our economy. talk
CNN
Dec 3, 2012 2:00am PST
edges closer to going over the fiscal cliff. democrats and republicans cannot agree how to raise revenue and cut spending. on january 1st, as many of you know, taxes go up and doeep spending cuts take effect. the sunday talk shows reflect how far apart they are what we will not do is extend those tax cut force the wealthiest americans. there's no possibility that we will find a way to get our fiscal house in order without those tax rates going back up. >> nobody wants to go over the cliff. that's why the day after the election i tried to speed this process up by making a concession to put revenues on the table. it's unfortunate that the white house has spent three weeks doing basically nothing. >> speaker boehner added he is flabbergasted by the administration's proposals while secretary geithner said he believes a deal can be reached by the end of the year. >>> we could find out this morning if the supreme court will take up the issue of same-sex marriage. at 9:30 eastern, the court releases its orders list. there's a possibility justices will hear cases that challenge the federal defen
Current
Dec 4, 2012 3:00am PST
it comes to taxes. as you all know by now house republicans sent in a fiscal cliff counter offer yesterday but the white house is calling it no good. i want to give you an idea of where the two sides stand right now. boehner's new plan would raise $2.2 trillion. now it would extend the bush tax cuts for everyone and yes that does include the top 2%. and it would instead raise $800 billion in revenue from so-called tax reform and that's what we mean when we talk about capping deductions and closing loopholes. the rest of the money comes from cuts to both mandatory and discretionary programs. now to recap again on the president's offer, he wants to raise $1.6 trillion, that's double boehner's amount on the rich an and he's asking for more than $200 billion in stimulus spending and promising about $400 billion worth of cuts to social programs. now obviously those two plans have very little in common. neither side is budging when it comes to their demands on taxes. but now here are a few problems with boehner's proposal.
Current
Dec 5, 2012 6:00am PST
with business leaders again today to talk about the consequences of going over the fiscal cliff. he's also claiming to call on congressional leaders to make sure we raise the debt ceiling without contention. the white house making the case that extending the bush tax cuts for the middle class is directly connected to the health of our businesses. companies need to know consumers will be able to spend and in his first post-election interview president obama again rejected the house republican counteroffer that is on the table. >> unfortunately the speaker's proposal right now is still out of balance. we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he sticks to it. >> g.o.p. leaders aren't only dealing with the president and congressional democrats they're dealing with a split within their own ranks. more conservative republicans don't want party leaders to compromise anymore than they think they already have. even though the republican plan offers u
FOX Business
Dec 6, 2012 9:20am EST
, is that right? >> another day, another huge company beating up the dividend payout to beat the fiscal cliff and the higher tax rates on dividends, so, join safeway to over 170 companies, that's the latest number we've got from the wall street journal, but i bet you it's even higher than that, so they join wal-mart and weight watchers and ethan allen just to name a few. >> i should be keeping track, it was 173 a couple of days ago, i've got to believe it's pushing 200 by now. i'll he get a number. >> yeah. imus: thank you very much. by the way, the dow is up 14 points and that's where we have it this thursday morning. time is money, 30 seconds, here is what else we've got for you today. two states vote to make marijuana real including for recreational use. and tommy chong will join us, and you never know what he's going to say. concussions, they're a serious issue for the nfl and its players of course, but it's a violent sport, football. and injuries are almost bound to happen. we'll talk to a former player who now advises the union on the concussion issue. and we'll talk to a chiropractor w
Current
Dec 6, 2012 3:00am PST
that created it. >> bill: sure. they're the ones who brought us to the fiscal cliff as we were talking yesterday because their super committee failed to do its job and now we have the sequestration hanging over our heads. >> they constantly create a situation, try to blame obama. >> bill: kevin, do you think we dare say look, hold the line and if you don't raise rates on the top 2%, we're not going to make a deal? >> absolutely. hold the line. i'll gladly pay more taxes than to have some rich son of a bitch pay more. >> bill: you and me both. that's all right. i'm willing to do it. i am a patriotic millionaire. i ought to -- i should join the club. thanks, kevin for the call. >> announcer: this is the "bill press show." which was just as you say -- maybe it was starve the beast. i'll look it up during the break. going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party o
PBS
Dec 3, 2012 6:00pm PST
. >> with 28 days left to come to a deal on the nation's fiscal cliff, the white house is holding firm on its proposal to raise taxes on the wealthy. spokesman jay carney. >> the obstacle remains at this point the refusal to acknowledge by republican leaders that there is no deal that achieves the kind of balance that is necessary without raising rates on the top 2% wealthiest americans. the math simply does not add up. >> ifill: the white house proposes raising $1.6 trillion in taxes over ten years, imposing higher rates on those making more than $250,000 a year. in a letter sent to the white house today, speaker of the house john boehner rejected the president's approach, writing that republicans cannot in good conscience agree to this approach which is neither balanced nor realistic. his counter-offer, save $2.2 trillion by among other things raising $800 billion in new revenues. the plan would also raise the future eligibility age for medicare and alter medicaid to save another $600 billion. the republican plan would not increase tax rates for the wealthy. the president is campaigning for
Current
Dec 7, 2012 3:00am PST
, here we go. it's been a busy week. fiscal cliff week for the most part, a lot of other -- that and a lot of other news to talk about today. we have the big job numbers coming up today as well for the month of november. it won't be quiet as critical as the job numbers were. remember that? that was right before the election. but still, it's very important. we'll be on top of that and all of the other issues for you and with you and hearing from you at 866-55-press. >> that's our toll-free number 866-557-7377. follow us on twitter. join us on twitter. more and more people do. at the whitehouse, so many of the reporters were saying how much they love following us on twitter. you should, too, at bp show @bp show @bpshow and facebook/billpressshow. team press here for the fifth day in a row all together. this is a new record action i think. here we are five days. nobody took a day off. peter ogburn and dan henning. >> happy friday. >> and cyprian bowlding wearing god knows what hat this morning. our videographer in chief. >> the washington fue
FOX News
Dec 5, 2012 8:00am PST
bit about the fiscal cliff and that's something we've all been talking about recently, and what it means for us right now and the year ahead. we also have other business news. we'll get back to the president by the way if and when we get that feedback. he will be taking questions from the audience there of business leaders as gregg mentioned. elizabeth mcdonald ever the fox business network is standing by list toning some of what the president had to say about the economy. liz, can you place it in context about where our economy is right now. >> reporter: the president just now was placing it in the -- the economy in the broader context of what is going on in the world, mentioning asia, mentioning europe, and then he turned to what was the most important part of the speech, he started to speak and that is what is holding us back ironically is stuff that is going on in this town, and he also, the president also said, no one wants to get a deal done more than me. so he's trying to essentially give some encouragement to get the fiscal cliff deal talks ignited and going. and so this
FOX News
Dec 7, 2012 8:00am PST
that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending the president wants to raise tax rates. even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion-dollar deficits for as far as the eye can see. listen, washington has got a spending problem not a revenue problem. if the president doesn't agree with our proposal i believe that he's got an obligation to families and small businesses to offer a plan of his own, a plan that can pass both chambers of the congress. we are ready and eager to talk to the president about such a plan. >> you did speak with the president earlier this week, can you characterize that call? did he have any kind of counter offer? also, we understand that he is making clear that it's got to be increase in rates for the wealthy or no deal. are you willing to give a little bit maybe not all the way to 39.6? >> the phone call was pleasant, just more of the same. the conversations that the staff had yesterday, jus
FOX News
Dec 2, 2012 1:00pm PST
bit. republican leaders say though are nowhere near on negotiations to avoid the fiscal cliff. >> and protest in tahrir square as anger continues to grow against egyptian president mohammed morsi. we'll have a live report. >> new information on what may have caused a freight train carrying dangerous chemicals to derail in new jersey. >> heather: the clock is winding down to a potential economic disaster. there has been a lot of talk apparently nothing to show for it. democrats and republicans blaming each other nor the standoff with your tax bill riding on the out come. unless an agreement is reached by the end of the month, bush-era tax cuts will expire triggering a rise in taxes by an average of 5%. that means a middle-class family will pay $2,000 more in taxes and married couples would be hurt because of marriage penalty. it doesn't include the budget consequences. $55 billion would be cut from the pentagon and another $55 billion slashed from domestic programs. an estimated 2 million jobs could be lost pushing the economy back into a recession adding to the misery to those
CSPAN
Dec 8, 2012 3:35pm EST
like adults and reach an agreement here on the fiscal cliff, the upside is much higher even than the downside is if we don't. that is what we should be looking forward to. we should do that now. think of how many people out there making a judgment of whether or not they will spend another $300 on christmas gifts if they think next month they are going to have $260 less in their paycheck. thank you all very much. thank you all. good luck to you. good luck. thank you. than kyou k you. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> this past thursday, south carolina and senator jim demint announced he is retiring from the senate. his colleague and fellow south carolina senator lindsey graham pay him tribute on the senate floor. >> madam president, i met with jim demint this morning. to say i was stunned is an understatement. jim indicated to me that he will be retiring from the senate next year and taking over the presidency of the heritage foundation, one of the great conservative think-tanks here in washington. m
PBS
Dec 7, 2012 11:00pm PST
not escaped your attention that the mantra "fiscal cliff, fiscal cliff, fiscal cliff" is played out every night on the evening news and the corporate news. what does that say to you? that you'd get "fiscal cliff, fiscal cliff," but not "job crisis, job crisis, job crisis"? >> it tells me, quite frankly, that many of these people, who by the way did not have much to say about the deficit when we went to war in iraq and afghanistan and didn't pay for it, i didn't hear from any people in the media complaining about that. what it tells me is that behind the corporate drive for deficit reduction is a significant effort to try to cut social security, medicare, and medicaid and other programs that working families need, not so much because of deficit reduction, because this has been the agenda of republicans and right wingers for a very long time. >> so how do you see this fiscal debate playing out in the next couple of weeks? >> we have, those of us who say that deficit reduction is a serious issue, i believe it is. but believe very strongly that at a time when we have the most unequal distribu
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